Program Participation and Policy
SWIB will select a limited number of minority brokers, allowing SWIB’s trading
staff to maintain close communication and a strong professional relationship
with each broker. Minority brokers will only be evaluated on their trading
execution services and after a two-year period, SWIB will reassess a firm’s
contributions to the agency. Minimum trading requirements for minority brokers
Firms interested in
doing business with SWIB may contact
To be eligible, a firm must be certified by the
Department of Administration as a minority
owned business enterprise in Wisconsin. Firms should disclose their capital
amount and submit general and financial information about their firm including a
list of existing institutional clients, backing by a reputable securities
clearing firm, and proof of FIX protocol connectivity.
Click here to
begin the application process.